DMS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DMS
Largest movements
- Receivables within one year -€32,425
down €32,425 (-22.6%), from €143,691 to €111,266
of which Trade receivables: -€34,720
- Stocks and contracts +€28,341
up €28,341 (+196.2%), from €14,447 to €42,788
- Tangible fixed assets -€11,017
down €11,017 (-2.5%), from €433,058 to €422,041
of which Land and buildings: -€27,175
- Other debts -€25,841
no longer reported in 2024 (was €25,841)
- Debts after one year -€20,078
down €20,078 (-7.1%), from €281,263 to €261,185
- Reserves +€18,000
up €18,000 (+836.1%), from €2,153 to €20,153
of which Distributable reserves: +€20,153
- Trade debts +€13,889
up €13,889 (+26.1%), from €53,125 to €67,014
- Current portion of long-term debt -€10,946
down €10,946 (-12.3%), from €88,916 to €77,970
- Gross operating margin +€114,219
up €114,219 (+24.9%), from €458,957 to €573,176
- Staff costs +€51,730
up €51,730 (+13.3%), from €388,262 to €439,992
- Taxes +€15,890
up €15,890 (+311.2%), from €5,107 to €20,997
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €657,876 | €644,957 | -€12,919 | -2.0% |
| Fixed assets | 21/28 | €438,764 | €426,551 | -€12,212 | -2.8% |
| Intangible fixed assets | 21 | €4,781 | €3,586 | -€1,195 | -25.0% |
| Tangible fixed assets | 22/27 | €433,058 | €422,041 | -€11,017 | -2.5% |
| Land and buildings | 22 | €306,466 | €279,291 | -€27,175 | -8.9% |
| Plant, machinery and equipment | 23 | €2,250 | €1,304 | -€946 | -42.0% |
| Furniture and vehicles | 24 | €94,507 | €114,399 | +€19,892 | +21.0% |
| Other tangible fixed assets | 26 | €29,834 | €27,047 | -€2,788 | -9.3% |
| Financial fixed assets | 28 | €925 | €925 | = | 0.0% |
| Current assets | 29/58 | €219,112 | €218,405 | -€706 | -0.3% |
| Stocks and contracts in progress | 3 | €14,447 | €42,788 | +€28,341 | +196.2% |
| Stocks | 30/36 | €14,447 | €42,788 | +€28,341 | +196.2% |
| Amounts receivable within one year | 40/41 | €143,691 | €111,266 | -€32,425 | -22.6% |
| Trade receivables | 40 | €121,727 | €87,006 | -€34,720 | -28.5% |
| Other amounts receivable | 41 | €21,964 | €24,259 | +€2,295 | +10.5% |
| Cash at bank and in hand | 54/58 | €38,452 | €40,508 | +€2,056 | +5.3% |
| Deferred charges and accrued income | 490/1 | €22,522 | €23,844 | +€1,322 | +5.9% |
| Total equity and liabilities | 10/49 | €657,876 | €644,957 | -€12,919 | -2.0% |
| Equity | 10/15 | €170,023 | €189,812 | +€19,789 | +11.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €2,153 | €20,153 | +€18,000 | +836.1% |
| Non-distributable reserves | 130/1 | €2,153 | - | -€2,153 | |
| Legal reserve | 130 | €2,153 | - | -€2,153 | |
| Distributable reserves | 133 | - | €20,153 | +€20,153 | |
| Profit (loss) carried forward | 14 | €136,434 | €139,666 | +€3,232 | +2.4% |
| Investment grants | 15 | €19,037 | €17,593 | -€1,444 | -7.6% |
| Amounts payable | 17/49 | €487,852 | €455,145 | -€32,708 | -6.7% |
| Amounts payable after more than one year | 17 | €281,263 | €261,185 | -€20,078 | -7.1% |
| Financial debts | 170/4 | €281,263 | €261,185 | -€20,078 | -7.1% |
| Amounts payable within one year | 42/48 | €206,085 | €193,555 | -€12,530 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €88,916 | €77,970 | -€10,946 | -12.3% |
| Trade debts | 44 | €53,125 | €67,014 | +€13,889 | +26.1% |
| Suppliers | 440/4 | €53,125 | €67,014 | +€13,889 | +26.1% |
| Taxes, remuneration and social security | 45 | €38,203 | €48,571 | +€10,368 | +27.1% |
| Taxes | 450/3 | €7,650 | €11,067 | +€3,417 | +44.7% |
| Remuneration and social security | 454/9 | €30,552 | €37,504 | +€6,952 | +22.8% |
| Other amounts payable | 47/48 | €25,841 | - | -€25,841 | |
| Accrued charges and deferred income | 492/3 | €504 | €405 | -€99 | -19.7% |
| Remuneration, social security and pensions | 62 | €388,262 | €439,992 | +€51,730 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,811 | €68,167 | -€644 | -0.9% |
| Other operating charges | 640/8 | €9,270 | €9,607 | +€336 | +3.6% |
| Non-recurring operating charges | 66A | - | €5,479 | +€5,479 | |
| Gross operating margin | 9900 | €458,957 | €573,176 | +€114,219 | +24.9% |
| Operating profit (loss) | 9901 | -€7,387 | €49,931 | +€57,318 | |
| Financial income | 75/76B | €2,678 | €2,112 | -€566 | -21.1% |
| Recurring financial income | 75 | €2,678 | €2,112 | -€566 | -21.1% |
| Financial charges | 65/66B | €10,626 | €9,814 | -€812 | -7.6% |
| Recurring financial charges | 65 | €10,626 | €9,814 | -€812 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,335 | €42,229 | +€57,564 | |
| Income taxes | 67/77 | €5,107 | €20,997 | +€15,890 | +311.2% |
| Profit (loss) for the period | 9904 | -€20,441 | €21,232 | +€41,673 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,441 | €21,232 | +€41,673 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.